Annual Bonus. For each complete calendar year, Employee shall be eligible to earn an annual bonus (the “Annual Bonus”) of up to 50% of the Base Salary (the “Annual Bonus Target”) in accordance with the Company’s Annual Incentive Compensation Plan, as the same may be amended from time to time. Employee must be fully and actively employed, in good standing, as of the payment date and must not have provided notice of termination for any reason prior to the payment date to be entitled to the Annual Bonus.
Annual Bonus. For each complete calendar year, Employee shall be eligible to earn an annual bonus (the “Annual Bonus”) of up to 50%45% of the Base Salary (the “Annual Bonus Target”) in accordance with Company policy and procedure for granting of a management specified employee bonus, based on achievement of Company and individual performance targets that will be set by the Company as part of the annual budget process and within the Company’s sole discretion. The determination as to whether applicable targets have been achieved, and whether and to what extent any Annual Incentive Compensation Plan,Bonus is to be paid with respect to such targets, shall be made in the sole and absolute discretion of the Company. Any Annual Bonus so determined shall be paid in the month of March following the applicable bonus year, no later than March 31, less such deductions as the sameare required by law or that Employee may be amended from time to time.elect in accordance with Company policy and procedure. Employee must be fully and actively employed, in good standing,employed as of the payment date and must not have provided notice of termination for any reason prior to the payment date to be entitled to the Annual Bonus. The Annual Bonus shall be reviewed at least annually by the Company’s Board of Directors (the “Board”) and may increase (but not decrease) at the Board’s sole and absolute discretion.
“(c) Annual Bonus. For each complete calendar year,year starting with the year ended 2023, Employee shall be eligible to earn an annual bonus (the “Annual Bonus”) of up to 50% of the Base Salary (the “Annual Bonus Target”) in accordance with Company policy and procedure for granting of a management specified employee bonus, based on achievement of Company and individual performance targets that will be set by the Company as part of the annual budget process and within the Company’s sole discretion (the “Annual Bonus”). The determination as to whether applicable targets have been achieved, and whether and to what extent any Annual Incentive Compensation Plan,Bonus is to be paid with respect to such targets, shall be made in the sole and absolute discretion of the Company. Any Annual Bonus so determined shall be paid in the month of March following the applicable bonus year, no later than March 31, less such deductions as the sameare required by law or that Employee may be amended from time to time.elect in accordance with Company policy and procedure. Employee must be fully and actively employed, in good standing,employed as of the payment date and must not have provided notice of termination for any reason prior to the payment date to be entitled to the Annual Bonus.”
Annual Bonus. For each complete calendar year,Bonus Opportunity. Employee shall be eligible to earnreceive an annual incentive bonus (the “Annual Bonus”) of up to 50%opportunity under the Company’s annual incentive plan for each calendar year included in the Employment Term during which Employee is an employee of the Company, including for calendar year 2022 a full year annual bonus taking into consideration the above Annual Base Salary with such opportunity to be earned based upon attainment of performance objectives established by the Company Board or a committee thereof ("Annual Bonus"). Employee's target Annual Bonus shall be 110% of the Employee's then current Annual Base Salary and Employee’s maximum Annual Bonus shall be 200% of the Employees’ current target Annual Bonus (the “AnnualAnnual Bonus Target”is referred to as the "Annual Bonus Opportunity") in accordance. Employee's Annual Bonus Opportunity may be periodically reviewed and increased by the Company. Employee’s Annual Bonus is subject to any Company policy. If owed pursuant [[Organization A:Organization]] terms of the plan, the Annual Bonus shall be paid no later than the March 15th first following the calendar year to which the Annual Bonus relates. Except as otherwise provided otherwise herein or by the Company Board or a committee thereof, no Annual Bonus shall be paid to Employee unless Employee is employed by the Company or an affiliate thereof, on the last day of the measurement period; provided, however, that Employee shall remain eligible for a pro-rata Annual Bonus based on Employee’s period of employment with the Company during the final year of the Employment Term, if the Employment Term ends prior [[Organization A:Organization]] end of the calendar year by the Company’s Annual Incentive Compensation Plan, asdecision not to renew the same may be amended from timeAgreement, or by not offering to time. Employee must be fullyrenew the agreement on substantially similar terms and actively employed, in good standing, as of the payment date and must not have provided notice of termination for any reason prior to the payment date to be entitled to the Annual Bonus.conditions;
Annual Bonus. For each complete calendar year,The Employee shall be eligibleentitled to earn ana discretionary bonus payment for each calendar year that ends during the Employment, with a target annual bonus (the “Annual Bonus”) of up to 50%amount at 55% of the Base Salary paid in such calendar year (the “Annual Bonus”). Whether to grant an Annual Bonus, and in what amount, are determinations to be made in the discretion of the Company based on a variety of factors including, but not limited to, achievement of objectives established by the Board (and/or the Compensation Committee thereof (the “Compensation Committee”)) and specific annual objectives for your position set by the Board and/or the Compensation Committee. Since one of the objectives of the Annual Bonus Target”)is employee retention, in accordance with the Company’sorder to remain eligible and receive any Annual Incentive Compensation Plan, as the same may be amended from time to time. EmployeeBonus, you must be fully and actively employed, in good standing, asemployed through the end of the payment datecalendar year and must not have provided noticestill be employed by the Company at the time it makes bonus payments to employees for that year -- generally during the first quarter of termination for any reason prior to the payment date to be entitled to the Annual Bonus.following year.”
Annual Bonus. For each complete calendar year,In addition to the Base Salary, Employee will be eligible for an annual performance bonus, to be payable upon achievement of performance goals and objectives to be mutually agreed upon by the Employee and the Companys Board of Directors in advance of the relevant performance period. The Employee shall be eligibleentitled to earn an annual bonus (the “Annual Bonus”) of up to 50% oftwice (2x) the Base Salary (the “Annual Bonus Target”) in accordance with the Company’s Annual Incentive Compensation Plan, as the same may be amended from time to time. Employee must be fully and actively employed, in good standing, as of the payment date and must not have provided notice of termination for any reason priorgiven year subject to the payment date to be entitled to the Annual Bonus.following performance criteria:
Annual Bonus. For each complete calendarBeginning for the 2023 financial year, Employee will be eligible to participate in the Company’s annual performance bonus program (“Bonus Program”), as may be in effect from time to time, and shall be eligible to earnfor a bonus in the amount of 75% of Employee’s Salary on an annual bonus (the “Annual Bonus”) of up to 50%basis under the Bonus Program. The objectives, terms, and conditions of the Base Salary (the “Annual Bonus Target”)Program shall be determined in accordance with the Company’s Annual Incentive Compensation Plan,sole discretion of the Company. The amount and frequency of any bonus payments shall be reviewed at least annually and determined in the sole discretion of the Company. The Company reserves the right, in its sole discretion, to suspend, revoke, or rescind the Bonus Program in part or in whole at any time. Except as otherwise provided in the same may be amended from timeBonus Program or this Agreement, in order to time.receive payment of any bonus (or any portion thereof), Employee must be fully and actively employed, in good standing, asan employee of the paymentCompany on the date such bonus is paid, and Employee must not have providedgiven notice of the termination of Employee’s employment without Good Reason (as defined in Section 5.1(d) of this Agreement) or received notice of the termination for any reason prior toCause of Employee’s employment by the payment date to be entitled to the Annual Bonus.Company.
Annual Bonus. For calendar year 2016 and each completesubsequent calendar year,year that ends during the Term, Employee shallwill be eligible to earnreceive an annual performance-based cash bonus (the “Annual Bonus”Annual Bonus). The payment and amount of upany Annual Bonus will be determined by the Board or the Compensation Committee thereof (excluding Employee, if then a Board member), in its sole and absolute discretion, pursuant to 50%the Companys Executive Annual Incentive Plan or another bonus plan established by the Company, and conditioned upon the achievement of mutually agreed upon objectives for Employee and for the Company established at the beginning of each calendar year, with a target Annual Bonus equal to sixty percent (60%) of the Base Salary (the “Annual Bonus Target”) in accordance with the Company’s Annual Incentive Compensation Plan, as the same may be amended from time to time. Employee must be fully and actively employed, in good standing, asfor achievement of 100% of the payment date and must not have provided noticeperformance objectives. Any dispute regarding whether Employee has met the objectives shall be determined by the Board or the Compensation Committee thereof (excluding Employee, if then a Board member) in the exercise of termination for any reason prior to the payment date to be entitled to the Annual Bonus.its sole discretion.
Annual Incentive Bonus. ForFollowing the end of each complete calendar year, Employee shallfiscal year and subject to the approval by the Company’s Board of Directors in its sole discretion, you will be eligible to earn an incentive bonus, based on your performance and the Company’s performance, each during the applicable fiscal year, and subject to your continued employment in good standing on the date of payment of such incentive bonus. Your target annual incentive bonus (the “Annual Bonus”) ofopportunity shall be up to 50%40% of the Base Salary (the “Annual Bonus Target”)your base salary. Because of your start date, in accordance with the Company’s Annual Incentive Compensation Plan, aspolicy, the same mayfirst year you will be amended from time to time. Employee must be fully and actively employed, in good standing, as of the payment date and must not have provided notice of terminationeligible for any reason prior to the payment date to be entitled to the Annual Bonus.a bonus is 2023.
Annual Bonus. For each complete calendar year, Employee shallAs a participant in the Company's annual incentive plan, you will be eligible to earnreceive an annual cash bonus (the “Annual Bonus”"Annual Bonus") provided threshold performance goals are achieved. Your annual target incentive opportunity will be 75% of upyour annual base salary and your annual maximum incentive opportunity will be 100% of your annual base salary, in each case, subject to 50%performance goals, terms and conditions established by the Compensation Committee. You will be eligible for a target incentive opportunity for your first year of employment which shall not be prorated.. Any Annual Bonus payable with respect to a fiscal year will be paid during the following fiscal year at the same time as the annual incentives are paid generally to other members of the Base Salary (the “Annual Bonus Target”) in accordance with the Company’s Annual Incentive Compensation Plan, as the same may be amended from time to time. Employee must be fully andexecutive team, provided that you are actively employed, in good standing, as ofemployed on the payment date and must not have provided notice of termination for any reason prior to the payment date to be entitled to the Annual Bonus.date.
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